Energy | 29 January, 2025 at 9:03 PM
Ørsted and PGE greenlight 1.5 GW offshore wind farm
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
Poland and Canada have signed an agreement to strengthen cooperation on nuclear power, providing a legal framework for closer ties.
Polenergia, Poland's largest privately owned energy company, has signed a six-year deal with video game developer CD PROJEKT to supply 22 gigawatt hours (GWh) of renewable energy.
Renewables company Qair has secured two energy storage projects in Poland, with a combined power capacity of 200MW and energy storage of 800MWh.
PGE and ZE PAK have reached an agreement to establish the terms and conditions for acquiring both a gas and a nuclear project.
Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).
Transelectrica has unveiled a comprehensive development plan for the country's electricity transmission network (RET) over the next decade, with an investment of €1.88 billion.
Ursula von der Leyen, the President of the European Commission, launched the Global Energy Transition Forum, together with the Executive Director of the International Energy Agency, Fatih Birol.
In 2024, photovoltaic energy surpassed coal in electricity generation across the European Union for the first time in history.
DRI, the EU renewables arm of Ukrainian energy company DTEK, announced plans to develop a 120 MW wind farm in Croatia.
Polish solar developer R.Power Renewables announced that it is on track to develop a 100-MWp portfolio of solar farms in Portugal, with 50 MWp already operational across eight sites.
Battery-electric cars remained the third-most-popular choice for buyers in 2024, according to the European Automobile Manufacturers' Association.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
Wind energy was the top source of electricity production last night, contributing nearly 27% of the total.
EBRD invested €707 million in 44 projects in Romania last year, a notable increase from the €658 million invested in 23 projects in 2023.
Qualitas Energy announced today the acquisition of a 117 MWp solar portfolio in Poland.
The Romanian Ministry of Energy is set to allocate an additional €150 million for electricity storage batteries.
Ensys Group, a key player in Romania's photovoltaic systems sector, is set to launch a green hydrogen production plant in Bihor County.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
